COVID – 19 Impact On Seed Market know How Market is Expecting Revolutionary Growth By 2023
The world is not only fighting a health pandemic but also an
economic one, as the Novel Coronavirus (COVID – 19) casts its long shadow over
economies around the globe. The complete lockdown situation in several
countries, has directly or indirectly impacted many industries causing a shift
in activities.
At Premium MarketInsights analysts are undertaking continuous efforts to
provide analysis of the COVID-19 impact on the Seed Market. We are working
diligently to help companies take rapid decisions by studying:
Ø
The impact of COVID-19 on the Seed Market,
including growth/decline in product type/use cases due to the cascaded impact
of COVID-19 on the extended ecosystem of the market
Ø
The rapid shifts in the strategies of the Top 50
companies in the Seed Market
Ø
The shifting short-term priorities of the top 50
companies' clients and their client's clients
Major key companies profiled in this Report are: Advanta
Limited, Bayer CropScience AG, DLF Seeds A/S, DOW Agrosciences LLC, E.I Du Pont
De Nemours and Company, Groupe Limagrain Holding SA, KWS AG, Land O' Lakes,
Inc., Sakata Seed Corporation, Syngenta AG
Seed is a small embryonic plant enclosed within a covering
known as seed coat. Seed formation completes reproduction process in plants
with the development of the embryo from zygote and seed coat from ovule
integuments. Seed serves numerous functions for plants such as nourishment of
the embryo, dormancy during unfavorable conditions, and dispersal to a new
location. Larger food reserves present in the seed helps the seed grow faster
as compared to sporeling from a spore. Hybridization, molecular marker-assisted
breeding, and gene insertion technologies are some of the agricultural market
developments, which expected to boost the growth of the seed industry.
The seed market is segmented on the basis of type, crop,
availability, seed treatment, seed trait, and geography. According to type, the
seed market is divided into genetically modified (GM) seed and conventional
seed. Based on crop, it is classified into field crops and fruits &
vegetable crops. Field crops segment is further categorized into cotton, corn,
rice, wheat, millet, sunflower, and sorghum. Fruits & vegetable crops
segment is subsegmented into tomato, okra, chilli, melon, gourds, cabbage,
cauliflower, cucumber, and others (eggplant, pumpkin, radish, and carrot).
Based on availability, the market is bifurcated into commercial seeds and saved
seeds. According to seed treatment, it is classified into treated and
untreated.
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